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SEC Chair Paul Atkins Predicts U.S. Markets to Operate On-Chain by 2026

SEC Chair Paul Atkins Predicts U.S. Markets to Operate On-Chain by 2026

SEC Chair Paul Atkins envisions U.S. financial markets moving entirely on-chain within years, emphasizing tokenized securities regulation, real-time settlement, and inter-agency collaboration.

Summary

SEC Chair Paul Atkins stated that the U.S. financial market may transition entirely to on-chain systems within a few years. He highlighted the importance of establishing clear rules for tokenized securities, implementing T+0 (same-day) settlement, and enhancing cooperation between the SEC and CFTC to modernize market structure. His vision aligns with broader efforts to integrate blockchain technology into regulated financial markets.

Terms & Concepts
  • On-chain: Transactions or operations executed directly on a blockchain network, recorded and verified by its distributed ledger.
  • Tokenized securities: Traditional financial assets represented digitally on a blockchain, enabling automated and transparent transactions.
  • T+0 settlement: A transaction settlement process where trade execution, clearing, and settlement occur on the same day.